German BaFin Flags Three New Unauthorized Investment Websites

The German Federal Financial Supervisory Authority, BaFin on Thursday (April 18) has issued warnings against three new investment websites whose operators are providing financial or investment services without the required authorisation. 

The detailed information of these websites are as follows:

• appleaibot.de

The purported operator of the website is AI BOT LIMITED, London, United Kingdom. In the British register of companies managed by "Companies House", a company in York is registered under the aforementioned name. There are no indications that the York-based company is actually responsible for the website appleaibot.de. This is presumed to be a case of identity theft. According to information available to BaFin, the operator previously conducted its operations using the website appleaibot.com.

• swisstrades365.com

The website operator Ninety One Group Ltd. is not supervised by BaFin.

• ​royaldiam.com

The website operator Royal Diam is not supervised by BaFin.

Llast week, Fazzaco reported that, from April 1 to April 10, BaFin warned against eight illegal investment websites​.